Deal Snapshot
GEOPARK ACQUIRES ECUADOR-BASED ESPEJO, PERICO BLOCKS
Thursday 14 March 2019

Chile-based oil and gas exploration company GeoPark Ltd. (NYSE: GPRK), with operations and growth platforms in Colombia, Peru, Argentina, Brazil and Chile, has acquired Espejo and Perico blocks in the Oriente basin in northeastern Ecuador to enter into Ecuador, the company said.

The blocks were awarded to the GeoPark and Frontera consortium (50% GeoPark, 50% Frontera) in the form of production sharing contracts in the Intracampos Bid Round carried out on March 12, 2019 in Quito, Ecuador.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 14/03/2019
Target: Espejo and Perico blocks in the Oriente basin in northeastern Ecuador
Country: Ecuador
Sector: Petroleum/Natural Gas/Coal
Type: JV
Financing:
Status: Closed
Vendor:
Buyer: GeoPark
Comment:
Terms of the deal were not disclosed

Options